Donald S Bernstein, chair of Davis Polk's insolvency and restructuring group, is recognised as one of the leading insolvency lawyers in the world. He was elected by his peers as the chair of the National Bankruptcy Conference and has been a commissioner on the American Bankruptcy Institute's Commission to Study the Reform of Chapter 11, chair and president of the International Insolvency Institute and a member of the legal advisory panel of the Financial Stability Board. Mr Bernstein's practice includes representing debtors, creditors, receivers and acquirers in corporate restructurings and insolvencies. In addition, he heads the group's multi-team representation of global financial institutions in connection with the 'living wills' required to be submitted to financial regulators pursuant to the Dodd–Frank Act.
Outside the firm, Mr Bernstein is a member of the editorial board of Collier on Bankruptcy, an authoritative treatise on US bankruptcy law.